Klövern, GDS finance 417 Park Ave with $100M in Swedish bonds
Klövern AB and GDS Development Management are set to finance their latest acquisition by tapping an uncommon source of...
midtown east
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GDS Development, Klövern buy Midtown East co-op for $184M
Klövern AB of Sweden and GDS Development Management have paid $184 million for all 29 units at a Midtown...
Normandy looks to sell 575 Lex for more than $650M
Normandy Real Estate Partners, Angelo Gordon & Co. and George Comfort & Sons are putting their Midtown office tower...
Behold the largest projects of 2019
More than two years ago, the city rezoned more than 70 blocks in Midtown East, paving the way for some 6.5 million square feet of new office space. The first major project to take...
Japanese firm lands $84M financing for Midtown East buy
Shimizu Realty Development has entered the New York market, scooping up the United Nations-leased Albano building in Midtown East...
This seven-story $53M penthouse has been broken up into six units. The first just hit the market for $16M.
In 2017, the seven-story mansion atop the Even Hotel in Turtle Bay hit the market, asking a whopping $53 million. Two years later, that...
Here’s what the $10M-$30M NYC investment sales market looked like last week
In the world of mid-market investment sales last week, two church-owned properties sell in Lenox Hill for almost $18...
Asset manager Davidson Kempner to upgrade Westin Grand Central hotel
The Westin Grand Central hotel – once called “gloriously tacky” thanks to its Leona Helmsley-designed 1980s décor – is...
Who’s next? These 5 buildings may take advantage of the Midtown East rezoning
In August 2016, the Department of City Planning released a list of 16 properties it predicted might take advantage...
The five landlords that have the most to gain from the Midtown East rezoning
Just five landlords lay claim to about half of Midtown East’s commercial square footage that the city plans to...